Northern Beaches CouncilEconomic profile
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Northern Beaches Council area

Sources of income

This page has been updated with 2016-17 NIEIR-ID economic model data

You may notice some changes to current and past data. Learn more about these changes.

Households in the Northern Beaches Council area have a higher amount of disposable income compared to New South Wales.

Household disposable income is a measure of the amount of income available to an average household in the area. It varies depending on the jobs held by the residents, amount of property and business income, and cash benefits provided by government, which are related to the socio-economic status of the area. Areas with high unemployment, large numbers of retirees and others out of the workforce may have a high cash benefits component.

This information gives an insight into both the sources of income and how much your residents have available to spend in the area. This dataset should be viewed in conjunction with Worker productivity, Local workers income data, and Gross Regional Product data on the size of the residential economy.

National Economics (NIEIR) - Modelled series

Sources of income per household
Northern Beaches Council area2016/172011/12Change
Name$New South Wales $$New South Wales $2011/12 to 2016/17
Wages & salaries125,817.9787,601.16118,920.3087,057.41+6,898
Property income32,497.8120,236.4634,613.0821,635.52-2,115
Business income35,170.9922,513.3523,585.3316,528.80+11,586
Superannuation15,981.6911,824.1014,388.5811,342.51+1,593
Cash benefits16,315.0715,980.9417,206.8817,018.17-892
Total income before tax225,783.53158,156.01208,714.17153,582.41+17,069
Tax paid-33,988.82-24,910.59-29,121.85-21,917.46-4,867
Interest paid-17,913.98-9,149.71-13,915.60-13,577.34-3,998
Other payments/statistical discrepancy39,401.7017,222.3540,308.2917,534.69-907
Total disposable income213,282.43141,418.06205,985.01135,722.30+7,297
Ratio of cash benefits to tax paid0.480.640.590.78--

Source: National Institute of Economic and Industry Research (NIEIR) ©2016. Compiled and presented in economy.id by .id , the population experts.

Data are based on a 2015-16 price base for all years. NIEIR-ID data are inflation adjusted each year to allow direct comparison, and annual data releases adjust previous years’ figures to a new base year.Learn more

Sources of income per household
Sources of income per household New South Wales, Cash benefits: 10.1% New South Wales, Superannuation: 7.5% New South Wales, Business income: 14.2% New South Wales, Property income: 12.8% New South Wales, Wages & salaries: 55.4% Northern Beaches Council area, Cash benefits: 7.2% Northern Beaches Council area, Superannuation: 7.1% Northern Beaches Council area, Business income: 15.6% Northern Beaches Council area, Property income: 14.4% Northern Beaches Council area, Wages & salaries: 55.7%
Source: National Institute of Economic and Industry Research (NIEIR) ©2016
Compiled and presented in economy.id by .id the population experts

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